Brinker Sales Momentum Continues as Chili's Value Play Resonates
Brinker International EAT -14.51%decrease; red down pointing triangle sales and profit soared in its latest quarter as Chili's Grill & Bar sales remained on a tear.
The restaurant operator on Tuesday reported a 27.7% sales increase for its latest quarter, with Chili's posting a 31.6% jump in same-store sales. The Tex-Mex-inspired chain has posted a stunning sales comeback lately on the back of marketing that touts value, including a $10.99 '3 for Me' deal launched last year.
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